UK factories have seen order books swell to a record high this month but output growth slowed sharply as they struggled to meet demand amid the supply chain crisis, according to a survey. The latest industrial trends survey by the CBI business body revealed manufacturers reported order books at their strongest level since records began…
UK Factories Struggle to Meet Demand Amid Supply Chain Crisis: Survey
China’s Factory Output Slows as Bottlenecks Crimp Production
BEIJING—China’s factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world’s second-largest economy. While China’s exporters are enjoying strong demand, global supply chain bottlenecks and rising raw materials costs have weighed on production, cooling the blistering economic recovery from last…
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